Standard Motor Products (SMP) Gross Margin (2010 - 2026)
Standard Motor Products (SMP) reported Gross Margin of 30.85% for Q1 2026, up 68.0% on a YoY basis from 18.36% in Q1 2025, and down 2.63% quarter-over-quarter from 31.68% in Q4 2025.
Standard Motor Products (SMP) Gross Margin (2010 - 2026) Analysis & Trends
Standard Motor Products has reported Gross Margin for 17 years, with the latest figure at 30.85% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 68.0% year-over-year to 30.85%; the trailing twelve-month figure through Mar 2026 stood at 31.38% (up 171.0% YoY), and the FY2025 full-year result was 31.23%, up 231.0% from the prior year.
- Gross Margin for Q1 2026 stood at 30.85%, down from 31.68% in the prior quarter.
- The five-year high for Gross Margin was 32.43% in Q3 2025, with the low at 26.81% in Q2 2022.
- Historically, Gross Margin has averaged 29.24% across 5 years, with a median of 29.06% in 2022.
- Annual changes were most pronounced in 2022 — Gross Margin slumped 247 bps — and 2025, when it jumped 316 bps.
- Standard Motor Products' Gross Margin stood at 29.06% in 2022, then retreated by 4 bps to 28.04% in 2023, then increased by 5 bps to 29.41% in 2024, then grew by 8 bps to 31.68% in 2025, then slipped by 3 bps to 30.85% in 2026.
- The last three Gross Margin figures came in at 30.85% (Q1 2026), 31.68% (Q4 2025), and 32.43% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 76.00 Bn | 75.75 Bn | 2.35 Bn | 51.47% |
| 2 | Autozone | 51.46 Bn | 51.20 Bn | 2.52 Bn | 52.15% |
| 3 | Modine Manufacturing | 15.07 Bn | 14.98 Bn | 186.10 Mn | 23.12% |
| 4 | Borgwarner | 14.88 Bn | 15.05 Bn | 677.00 Mn | 19.16% |
| 5 | Genuine Parts | 14.73 Bn | 14.25 Bn | 2.34 Bn | 37.33% |
| 6 | Aptiv | 13.96 Bn | 10.89 Bn | 920.00 Mn | 18.09% |
| 7 | Aurora Innovation | 11.93 Bn | 10.71 Bn | -5.00 Mn | -500.00% |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | 13.71% |
| 9 | Allison Transmission Holdings | 10.06 Bn | 9.75 Bn | 406.00 Mn | 28.88% |
| 10 | Standard Motor Products | 866.95 Mn | 881.20 Mn | 139.17 Mn | 30.85% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 30.85% |
| Dec 31, 2025 | 31.68% |
| Sep 30, 2025 | 32.43% |
| Jun 30, 2025 | 30.55% |
| Mar 31, 2025 | 30.17% |
| Dec 31, 2024 | 29.41% |
| Sep 30, 2024 | 30.40% |
| Jun 30, 2024 | 28.59% |
| Mar 31, 2024 | 27.01% |
| Dec 31, 2023 | 28.04% |
| Sep 30, 2023 | 29.70% |
| Jun 30, 2023 | 28.68% |
| Mar 31, 2023 | 27.82% |
| Dec 31, 2022 | 29.06% |
| Sep 30, 2022 | 28.00% |
| Jun 30, 2022 | 26.81% |
| Mar 31, 2022 | 27.83% |
| Dec 31, 2021 | 28.61% |
| Sep 30, 2021 | 28.41% |
| Jun 30, 2021 | 29.02% |